[M3Bahn]

U.S. Consumer Confidence Drops to Three-Decade Low Amid Economic Headwinds

Confidence among U.S. consumers plunged in August to the lowest level since May 1980, adding to concern that weak employment gains and volatility in the stock market will prompt households to retrench.

http://www.bloomberg.com/news/2011-0...gan-index.html

[AngelinIsRich08]

I wonder if CSCO's finally turned around from its downtrend....

[bolinp78]

Originally Posted by Vanity

The whole point of selling your positions in Solid A+ companies (ex. AAPL), is to cash in on some short-term swings. Why you'd have yourself invested and held in anything right now is insane. Invest back when things hit rock bottom.

Why would I 'cash in' on short term swings when the market is tanking? And you can provide AAPL as an example of a solid A+ company, but it is traditionally a volatile stock without a dividend. There's nothing wrong with that at all, but the positions in my portfolio that I'm talking about are solid companies, especially ones with dividends, and I don't rely on short term swings for those stocks (ex: MCD, WM, MO, KFT, JNJ, INTC). I buy them in a depressed market and hold them knowing that there is a better than average chance that in the long run, they will slowly increase their dividend and the stock price will appreciate. Depending on the stock, I'll occasionally add to them in a depressed market to lower my cost basis. Now tell me again why I would sell these stocks (which I've owned for 1 year plus) in a down market? Or even if I suspected that the market was going to drop?

Do you know when rock bottom is? I sure don't, but I've been buying or writing calls every time the market tanks 500 points.

[AngelinIsRich08]

CSCO pays excellent dividends.

[stylinexpat]

Originally Posted by AngelinIsRich08

CSCO pays excellent dividends.

MCP pays better on all the bounces after dips.

http://www.google.com/finance?q=NYSE:MCP

[AngelinIsRich08]

Originally Posted by stylinexpat

MCP pays better on all the bounces after dips.

http://www.google.com/finance?q=NYSE:MCP

Whoah. That thing jumped today.

[arggg45]

Originally Posted by AngelinIsRich08

CSCO pays excellent dividends.

It yields 1.7%. Hardly 'excellent'

[bolinp78]

Originally Posted by arggg45

It yields 1.7%. Hardly 'excellent'

These days it's excellent

[persian54]

Originally Posted by bolinp78

These days it's excellent

I have a stock that pays me 15%

hasn't failed me all year


Plus, I'm up about 5% on the stock itself if I chose to sell, though I won't as it's a holding stock

[mshahidz]

Originally Posted by persian54

I have a stock that pays me 15%

hasn't failed me all year


Plus, I'm up about 5% on the stock itself if I chose to sell, though I won't as it's a holding stock

care to share?

[AngelinIsRich08]

The markets should be calm this week.

[schoy]

Originally Posted by mohammadz

care to share?

Probably a Mortgage REIT.

[mact3333]

Posted on 8/9/11...position up 35% approx on both positions...getting close to target on SPX...will close out positions then and look to go short...I would look for 0.5-0.62 fibonnacci retrace level to go short....1230-1250 level.

Volume high on selloff, volume low on snapback rally...enough said.....

Originally Posted by mact3333

snap back rally confirmed as noted last week...looking for 1220-30 resistance...then selling pressure should come in.

Long TNA, TYH as of this am.

[NYCGP]

MMI .. Looks like Google is gonna have a new platform to build off of. Motorola. Check out these $30.00 Aug '11 Calls...

[persian54]

Originally Posted by mohammadz

care to share?

Originally Posted by schoy

Probably a Mortgage REIT.

I don't have much in it as I like to play around more and be 'risky' than stay and watch and 'be safe'

NLY.
Sorry I thought I put it in my post.

[AngelinIsRich08]

Originally Posted by NYCGP

MMI .. Looks like Google is gonna have a new platform to build off of. Motorola. Check out these $30.00 Aug '11 Calls...

Fuck.

[stylinexpat]

Originally Posted by NYCGP

MMI .. Looks like Google is gonna have a new platform to build off of. Motorola. Check out these $30.00 Aug '11 Calls...

Wish I had some of those calls.

BAC up nicely.

[AngelinIsRich08]

So if something is up 16,000 percent and I originally invested $1,000, would I now be sitting at $16,000?

[AngelinIsRich08]

Or $160,000?!?!?

[NYCGP]

Originally Posted by AngelinIsRich08

Or $160,000?!?!?

Stop investing right now. You can't do simple math.

16,000 x 1,000 = 16,000,000.00

[jpsum]

Originally Posted by NYCGP

Stop investing right now. You can't do simple math.

16,000 x 1,000 = 16,000,000.00

it's 16,000 percent. So the guy above you is correct. $1000 x 160 = 160,000

[BTM]

Originally Posted by AngelinIsRich08

So if something is up 16,000 percent and I originally invested $1,000, would I now be sitting at $16,000?

Originally Posted by NYCGP

Stop investing right now. You can't do simple math.

16,000 x 1,000 = 16,000,000.00

Vince...I am disappoint